Economics

Thai Central Bank Sees Credit, Not Rates, Key Amid Rocky Rebound

Access to credit for firms bigger concern than borrowing costs
Normalization based on ‘Thailand-specific considerations’

WATCH: Bank of Thailand Governor Sethaput Suthiwartnarueput discusses the outlook for the economy and monetary policy.(Source: Bloomberg)

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By Suttinee (Ying) Yuvejwattana and Michelle Jamrisko

June 24, 2021 at 3:41 AM UTC

Updated on

June 24, 2021 at 5:20 AM UTC

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The Bank of Thailand sees access to credit for businesses as a more pressing issue for the economy than interest-rate levels, and will stay focused on domestic concerns amid possible normalization by other central banks.